Bitcoin

Bitcoin Price To Retrace Below $20k Before Next Bull Run, Claims CryptoQuant Analyst

The year 2022 has brought nothing but turmoil to the cryptocurrency sector, and among these were Bitcoin, as the price was pulled down as low as $17,700 on June 18. Since then, the King currency has formed a pump and dump pattern. However, Bitcoin has started its recovery phase and has never seen that low...
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CME Group to Release Euro-Backed BTC and ETH Futures

The world’s leading financial derivatives platform – Chicago Mercantile Exchange (CME) Group – revealed intentions to introduce Bitcoin and Ether Futures tide to the euro later in August The company already has a deep history with the crypto industry. A few months ago, it launched micro options on Bitcoin and Ether futures, justifying its move...
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How Will These Fundamental Factors Influence Bitcoin’s Future Price Surge?

Today the world’s first cryptocurrency, Bitcoin opened the market on a bullish note. Bitcoin price has reclaimed its $23,000 price levels after facing a downfall for the last couple of days. Now, though the flagship currency is hovering just above its $23,000 range, the currency is still much behind before it revisits its all-time high...
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Block Q2 Bitcoin Revenue Down 6% YOY Due to BTC Slump 

American digital payments company Block Inc.’s second-quarter (Q2) revenue dropped by 6% year-over-year (YOY) to $4.4 billion. Although the numbers still topped Wall Street’s expectations of $4.35 billion, it suffered a loss of $208 million during the quarter, the Associated Press reported. Following the Q2 results, Block shares slipped 5.35% to $84.90 in after-hours trading on...
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Four Years Later: Crypto ATMs Back in Japan

One of the leading economies in Asia – Japan – will once again have cryptocurrency automated teller machines (ATMs). Despite being a financial hub, the country removed all such devices in 2018 following a hack against a local exchange. The number of cryptocurrency ATMs across the globe has rapidly increased in the past few years....
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Riot Blockchain Mined 28% Less Bitcoin is July Due to Massive Heat Waves

One of the leading bitcoin mining companies – Riot Blockchain – mined 318 BTC in July – a 28% production decrease compared to June’s figures. The main reason for the crippled productivity was last month’s extremely hot weather in Texas. It caused the company to shut some of its mining rigs in the area as...
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MicroStrategy Stocks Soared 15% After Michael Saylor Stepped Down as CEO

The former Chief Executive Officer of MicroStrategy – Michael Saylor – abdicated from his post and took another role at the firm. He will serve as an Executive Chairman of the Board, particularly focused on bitcoin advocacy. The news positively impacted MicroStrategy’s shares, surging by 15% within 48 hours after the announcement. Earlier this week,...
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Bitcoin(BTC) Price Analysis: These May be the Price Targets for the Weekend

Bitcoin(BTC) pierce at the press time is trading around $23,088.04 with a drop of 1.82% in the past 24 hours. While the asset has recorded marginal gains in the past 7 days of 0.24% and surged more than 17.93% in the past 30 days. The market cap is also heading strongly towards $450 billion, currently...
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BlackRock Taps Coinbase for Institutional Crypto Trading and Custody Services

BlackRock, the world’s largest asset manager, is partnering with US crypto exchange giant Coinbase, to offer digital asset exposure to institutional clients. Coinbase announced the collaboration in a blog post on Thursday (August 4, 2022). According to the statement, institutional clients of BlackRock’s investment management platform Aladdin (Asset, Liability, Debt, and Derivative Investment Network) will...
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Galoy Launches “Stablesats” Bringing US Dollar Balances to Lightning Network

Galoy – an open-source Bitcoin banking platform – has introduced a new feature allowing individuals to hold U.S. dollar balances over Bitcoin’s lightning network. However, unlike other attempts to bring dollars to the blockchain, the feature uses neither stablecoins nor a direct fiat payment integration.  Backing Dollars With Bitcoin As explained in a video shared...
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Bitcoin Back Above $23K, Yet Glassnode’s Metrics Suggests Dark Clouds Still Hover Over BTC Price

Bitcoin & Ethereum prices have risen in the recent past as an outcome of the July FOMC meeting outcome. Now when the assets have depleted considerably, it is very important to know whether the present trend is just a relief rally or a sustained upswing which intends to test the upper targets.  However, as per...
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Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin

The US Department of Justice sentenced the 40-year-old resident of Pelahatchie, Mississippi – Jessica Sledge – to the statutory maximum of 10 years in Federal Prison. In 2021, the woman hired a “hitman” and paid him $10,000 worth of bitcoin to murder her husband. Additionally, the authorities jailed the citizens of Orange County – Jeremy...
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Michael Saylor is No Longer the CEO of MicroStrategy

Bitcoin-evangelist and billionaire Michael Saylor has stepped down as the Chief Executive Officer of MicroStrategy – one of the world’s largest corporate holders of Bitcoin. He will continue to serve the company as executive chairman of the board. The news comes as part of MicroStrategy’s Q2 2022 Financial Results Presentation, which explains that Phong Le...
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Bitcoin Price At $19,000 Before A Bull Run, Claims This Top Analyst

Since the time Bitcoin reached $69,000 in November 2021, the flagship currency has faced a downward trend where the price even hit $17,622 recently in the month of June. The flagship currency is now recovering with the price claiming as high as $24,688 in the month of July. However, Bitcoin is still trading in the...
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Most Institutional Investment in Crypto Is Still Late in 2022 (Opinion)

The reality for the crypto industry and cryptocurrency prices in 2022 is institutional investment has only just begun. When it happens for real, the market will suddenly and drastically revise the exchange rate of crypto upward. Without looking it up, how much money would you know or reckon that institutional investors have exchanged for cryptocurrency...
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Bitcoin May Drop To $19K Soon, Will BTC Price Consolidate Below $30K Till 2022 End?

Bitcoin price is currently consolidating just below $24,000 after facing rejection at $24,400 during the previous trading day. Despite the current consolidation, the asset displays huge possibilities of breaking out from the bullish pattern and hitting $25,000 at the earliest.   Conversely, the BTC price is expected to visit the buying zone once again by tanking...
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The Global Market To Enter Recession? How Will Bitcoin Perform?

After the US GDP was released on July 28th, it was learnt that the GDP had fallen around -0.9%. Yet, the US officials had claimed that there is no recession. Meanwhile, BCA Reserache’s Chief Global Strategist, Peter Berezin has disclosed a few recession proof assets where he is of the opinion that this will help...
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This Desperate Man Plans Build Robot Dogs to Find a Hard Drive With $169M Worth of BTC (Report)

In 2013, James Howells – a citizen of Newport, Wales – mistakenly threw away his iPhone-sized hard drive containing 8,000 BTC. To find his lost possessions (worth around $169 million as of now), the 36-year-old man reportedly came up with an $11 million master plan involving robot dogs and artificial intelligence-powered machines. A Needle in...
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Bitcoin’s Current Price Pattern Is Dangerous, This Is How You Can Overcome, Claims Analyst

The world’s first cryptocurrency, Bitcoin has now reclaimed $23,000 level and is strongly headed towards $24,000 price level. All this comes while the US enters the recession stage with its GDP dropping at -0.9%. However, a popular crypto analyst believes that bitcoin org bitcoin org Event OrganiserTechnology Followers : 0 View profile is about to form...
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Bitcoin Miners’ Balance Hits 4-Year High: Glassnode

Bitcoin miners’ balance has reached a four-year high. According to Glassnode’s latest data, the figures have surpassed 1,845,303 BTC. Bitcoin Miners Hodling Again From the great Chinese migration in 2021 to the ongoing bear market, the miners of the BTC network went through many challenges, including a shift in profitability. However, it appears that they...
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BTC Reclaims 24k, ETH $1700 Following Second Consecutive GDP Decline

Bitcoin and Ethereum are pumping after the U.S. Bureau of Economic Analysis released its official GDP data for Q2 2022. The data shows that real GDP decreased by 0.9% year over year, marking the nation’s second consecutive quarter of negative GDP growth.  Bitcoin traded for about $22,700 prior to the bureau’s release at 08:30 EST....
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This Indicator On Bitcoin Price Reads Zero, Bitcoin Price At $27k For The Weekend?

The cryptocurrency market has picked up pace alongside the Federal Reserve interest rate hike of 0.75% and the release of the US GDP report that stands at -0.9% for the second quarter. The world’s first cryptocurrency, Bitcoin Price has surged by 11% trading at $23,926 and Ethereum, the second largest crypto by market cap is...
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Nigerians Rush to Buy Bitcoin Amid Economy Collapse (Report)

The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked a 258% increase in BTC purchases compared to last week’s figures. Nigerians View Crypto as a Lifeboat Nigeria’s official currency – the naira – is...
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Apple and Amazon Q2 Earning Reports Incoming: Can This Impact Crypto?

Word on the street is big tech earnings by FAANG companies for quarter two might disappoint. The question is if this will have an impact on the broader market and, consequently – cryptocurrency. Apple and Amazon will follow with reports Thursday. Big Tech “FAANG” Companies Q2 Earnings Expectations Are Glum Though their earnings won’t directly...
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IMF: Limited Impact From Crypto Crash But Global Recession Likely

In its World Economic Outlook update for July, the International Monetary Fund said that 2022 has been “gloomy and more uncertain.” The report, published on July 26, noted that a “dramatic sell-off” of crypto assets led to large losses in crypto investment vehicles and hedge funds. However, “spillovers to the broader financial system have been...
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MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”

Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that categorized the stock from “hold” to “underperformance” maintained its price target at $180. Following the news and bitcoin dipping below $21,000 on Tuesday, shares of...
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Brazil’s Leading Brokerage Firm Reveals the Launch Date of its Crypto Platform

XP Inc. – one of Brazil’s largest brokerage companies – expects to release its cryptocurrency platform by the middle of August 2022. Initially, the entity will allow trading with bitcoin (BTC) and ether (ETH), while it could add more digital assets later in the year. Crypto’s Decline Is Not a Concern to XP In May...
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Bitcoin (BTC) Price Might Drop 33% & Reach Bottom At This Level

After Bitcoin lost its crucial price level of $22,000 at the start of this week, the entire crypto space seems to be following it on its downward plunge. This price movement has influenced the global crypto market capitalization to fall below $1 trillion. A popular analyst and trader, Tone Vays, believes that Bitcoin will see...
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Here’s What Could Kick off a Bitcoin Bull Rally According to TD Ameritrade

As the primary cryptocurrency hovers around $21,000, retracing back from the weeks-high level at $24,100, experts across the industry remain cautious in regards to its upcoming price action. However, emerging signs have indicated that the asset’s price has found a cyclical bottom, reported Bloomberg. A Cautious Attitude In Reign Among Experts The relief rally in...
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August To Be A Decisive Moment For Bitcoin Price Ahead Of FOMC & GDP Report

Since May, 2022, after Terra (LUNA) collapse, the crypto market is not in that good condition with an increase in negative news around the space. Even now, the overall crypto market sentiment is not positive with the increased price volatility along with declining interest in terms of Crypto derivatives. As per the report, in the...
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Bitcoin (BTC) $ 70,489.89 0.35%
Ethereum (ETH) $ 3,571.24 0.20%
Tether (USDT) $ 1.00 0.00%
BNB (BNB) $ 608.86 3.42%
Solana (SOL) $ 186.68 0.06%
Lido Staked Ether (STETH) $ 3,559.27 0.07%
XRP (XRP) $ 0.619548 0.20%
USDC (USDC) $ 1.00 0.11%
Dogecoin (DOGE) $ 0.217107 8.74%
Cardano (ADA) $ 0.646442 0.11%